Entorian Receives NASDAQ Notice Letter

Posted on: Thursday, 24 July 2008, 03:00 CDT Entorian Technologies Inc. Senior Vice President and CFO Investor: Shelton Group - Investor Relations For Entorian Technologies Inc. investors@entorian.com On July 21, 2008, Entorian Technologies Inc. (NASDAQ: ENTN) received a letter from The NASDAQ Stock Market notifying it that for the 30 consecutive business days preceding the date of the letter, the bid price of its common stock closed below the $1.00 per-share requirement for continued inclusion on The NASDAQ Global Market pursuant to NASDAQ Marketplace Rule 4450(a)(5). In accordance with NASDAQ Marketplace Rule 4450(e)(2), the company has 180 calendar days from the date of the NASDAQ letter, or until January 20, 2009, to regain compliance. To regain compliance, the closing bid price of the company's common stock must meet or... [read full story]